IFG infocus group holdings limited
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IFG's next capital raising price will likely be 1c??

  1. zipporahlover
    129 Posts.
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    26/11/24
    06:28
    Post #: 76773614
    Next CR is coming very soon, I will steer clear of IFG for the following reasons:

    -They own ~$2.5mil AUD debt;

    -Just raised $500k at a low share price 3c for their mates, offering one free option for every two shares, with an exercise price of 7.5 cents. This means the CR price was around 2 cents+

    -Doggy management team

    -High staff cost at around ~$400k per quarter

    IFG Price at posting: 2.7¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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